3 ms·
I think this statement ^ is very generic. Google acquiring Credit Karma would have been okay-ish. Intuit acquiring gives them a monopoly on tax filing software
by nojvek 7y ago
I think this statement ^ is very generic. Google acquiring Credit Karma would have been okay-ish.
Intuit acquiring gives them a monopoly on tax filing software. They’ve already done a fair amount of lobbying for anti-consumer practices.
Basically if America is just a bunch of really large corporations, it makes life worse and doesn’t let us produce more innovative solutions to our problems. Because monopolies are rent seekers and they love to milk their cash cows.
- scarface74 7y agoThere are only two outcomes of Google acquiring CreditKarma and neither of them are good. A) Google shuts it down or neglects it like it has done with so many other products B) Google now has more information on users to target advertising and now has an even larger part of the duopoly on advertising and has more information about users - including social security numbers and credit information. I don’t see how either is a good outcome.
- nojvek 7y agoOkay Google was a terrible example since they are a targeted advertising duopoly with FB.